SigmaStar Technology (SZSE:301536) Days Inventory : 185.73 (As of Mar. 2024)

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What is SigmaStar Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SigmaStar Technology's Average Total Inventories for the three months ended in Mar. 2024 was ¥682 Mil. SigmaStar Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥335 Mil. Hence, SigmaStar Technology's Days Inventory for the three months ended in Mar. 2024 was 185.73.

The historical rank and industry rank for SigmaStar Technology's Days Inventory or its related term are showing as below:

SZSE:301536' s Days Inventory Range Over the Past 10 Years
Min: 89.49 Med: 143.94 Max: 345.94
Current: 345.94

During the past 5 years, SigmaStar Technology's highest Days Inventory was 345.94. The lowest was 89.49. And the median was 143.94.

SZSE:301536's Days Inventory is ranked worse than
89.51% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs SZSE:301536: 345.94

SigmaStar Technology's Days Inventory increased from Dec. 2022 (0.00) to Mar. 2024 (185.73). It might indicate that SigmaStar Technology's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. SigmaStar Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.49.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. SigmaStar Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.29.

SigmaStar Technology Days Inventory Historical Data

The historical data trend for SigmaStar Technology's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SigmaStar Technology Days Inventory Chart

SigmaStar Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

89.49

96.27

143.94

217.71

217.73

SigmaStar Technology Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial				-	251.91	156.33	-	185.73

Competitive Comparison of SigmaStar Technology's Days Inventory

For the Semiconductors subindustry, SigmaStar Technology's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SigmaStar Technology's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SigmaStar Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where SigmaStar Technology's Days Inventory falls into.

SigmaStar Technology Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

SigmaStar Technology's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (788.681	+	742.987)	/	2 )	/	1283.834	*	365
=	765.834					/	1283.834	*	365
=	217.73

SigmaStar Technology's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (742.987	+	620.27)	/	2 )	/	334.89	*	365 / 4
=	681.6285					/	334.89	*	365 / 4
=	185.73

SigmaStar Technology (SZSE:301536) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

SigmaStar Technology's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	334.89	/	681.6285
	=	0.49

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

SigmaStar Technology's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	681.6285	/	526.617
	=	1.29

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

SigmaStar Technology Days Inventory Related Terms

Thank you for viewing the detailed overview of SigmaStar Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

SigmaStar Technology (SZSE:301536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SigmaStar Technology Ltd (SZSE:301536) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Houzhan Road, Floor 16, No. 1, Tong\'an District, Fujian Province, Xiamen, CHN, 361116

Website

https://www.sigmastar.com.cn

SigmaStar Technology Ltd is engaged in research & development and sales of video surveillance chips. Its products cover IP Cam, USB Cam, NVR, DVR, vehicle electronics, action cameras, smart home, robots, industry and other fields.

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